Baby formula boom to occur in China

By: trademagazin Date: 2015. 12. 18. 10:52

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Danon and Nestlé shares increased their values instantly when the Chinese government announced that families would be allowed to have more than one child. At the moment the Chinese baby formula market is worth USD 19 billion and it is dominated by Danone, Nestlé and US company Mead Johnson Nutrition.